Kenneth Rijock

Thursday, June 27, 2013

NORTH KOREAN COMPANY SANCTIONED BY US HAS DECEPTIVELY SIMILAR NAME

Kindly note that the US Treasury-sanctioned BVI company, DCB Finance Ltd., which is affiliated or controlled by now-sanctioned DPRK entity, Daedong Credit Bank, has a name very similar to several legitimate financial entities, including some in the United States.

Watch out for false positives, if you are using AML software. Some that I am immediately aware of, and all of which are NOT linked to the sanctioned DCB Finance Ltd., are: